Program Description: BIWEEKLY AMORTIZATION
THE BANKERS' SECRET IS REVEALED!!!
This program is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year. This program demonstrates the savings available to you if you pay your mortgage every other week instead of monthly and are CREDITED THE PAYMENT by the lending institution at the time of payment.
Printouts are professional looking and may be used by financial planners as the program contains a prepared by: area and may also be useful to them in advising a client on this method of mortgage payment by demonstrating the effect this type of mortgage has on the term of the loan as well as the total amount of interest paid.
Added Payment Amortization+ 1.2 This program is an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. By making...
Loan Amortization+ 1.2 This program is a standard loan payment schedule that may be used for any type loan where simple interest is the type used. It is not limited to mortgage loans. This program will calculate and print a complete amortization schedule for loans with...
Biweekly Amortization + 1.2 This program is a version of a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan
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